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20130211
20130211
Search Results 0 to 6 of about 7
CNBC
Feb 11, 2013 6:00pm EST
's filled with allegedly blue chips names. funny, how being blue chip didn't help citi or general motors when they went under. and the professionals who give you the advice presume that home gamers like you are brain dead. that you're incapable of analyzing the prospects of publicly traded companies on your own. they don't think you can pick your own stocks. something that they could -- they think you wouldn't even pick your own nose. i mean, they're totally, totally contemptuous of you. so they assume you'll do less damage to your wealth if you only play around in big household names and stay away from speculative stocks that you never heard of. believe me off the desk, go out for a cocktail, have dinner, here's what they say. well, first of all, they think that most of you don't know the difference between a stock and a bond. that's the smug conventional wisdom on wall street and among the intelligentsia. but as a grizzled veteran, i have been around, i put my first -- i bought my first stock in 1998, i've been around. i'm telling you that their view is totally bonus. these pros who di
CNBC
Feb 11, 2013 12:00pm EST
turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back. time for our top three trades. valero is the energy company trading at the highest levels since 2008. a buck and half percent. >> if they got an upgrade today from the abundant of crude and high margins. love this sector and stock. i would lighten up on a third of it and take that dividend. just protect yourself. it's been a rocket ship. >> soy mon, what's happening? >> first revenue growth in eight quarters announced a share repurchase and guess what, up graded by 4%. >> ron johnson rarely spends a full workweek at the company's headquarters and puts in shorter hours than previous ce o's, based on a previous newspaper report. the stock is up 2%. what do you make of that? >> no idea. i don't really care where ron johnson works or what he's doing on a day-to-day basis. my concern is can he get traffic going an they just announced a return to sales concept. i don't know what that means. traffic remained flat and they are doing a lot of things. >> you do care. if the stock is in the tank and
CNBC
Feb 11, 2013 4:00am EST
turbines are now powering some of america's biggest cities. siemens. answers. >>> let's take a look at u.s. futures. the last time we checked in, the dow was set to open about 11 points at the open. it's peared back just a tad. the dow is still trying to climb back towards that 14,000 level, a time, ross, when frankly more people were talking about warning signs in the market. >>> meanwhile, as far as the european stocks were concerned, and this is where we stand, firmer today. the ibex down 0.3%. the cac 40, ftse and xetra dax up between 0.25% and 0.5%. dollar index is up, kelly. >> that's right. and the dollar/yen, adding 0.5%. so 93.17. aussie/dollar weaker by about 0.5%. a lot of trade across asia is quiet or closed for the lunar new year. >>> france's problems have nothing to do with a single curren currency, but down to the problems itself. he said that the core of the french problem lies inside the cup, not in the foreign exchange rate. this time last week, the french president called for the rights to curve the euro. >>> and the euro group meeting, which is due to star today in b
CNBC
Feb 11, 2013 4:00pm EST
of the world's 1 billion catholics. claudia lavonnia now with more from vatican city. >> reporter: hello. it's been quite a day here at the vatican. of course we haven't seen this as you said in about 700 years now. the last pope that resigned or rather abdicated, let's say, was in 1294. it was the fifth. now back then it was called the great refusal by him. this time pope benedict xvi said well, i am stepping down. i just can't take it anymore. the tasks of the pontiff is just too much for me. i'm letting a younger pope take over and bring it on for the 1.2 billion catholics worldwide. certainly this was unexpected. he said he was tired, but nobody thought or expected that it would come down to step down as a matter of fact. >> thank you very much for that. we're going to talk more about that. and i'm sure it's been quite a day there in vatican city. also putting italy front and center for two important elections coming up. the presidential election due out at the end of the month. fernando napolitano is with me. he is holding a summit today in new york focussed on investing in italian comp
CNBC
Feb 11, 2013 5:00pm EST
. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. here are tonight's top three trades. more money, more problems? why a drastic pay back may be the shareholder's best bet. energy independence. and, when it comes to oil, the focus is on north america, not the middle east. and gold breakdown. dennis gartman on why gold continues to lose its luster. but first, got to get to our top trade here, because the s&p 500 is hovers at 1500 yet again, our traders have found ways to play this rally. guy? >> hi, mel. >> valentine's week, just so you know. waiting for my gift. you laugh. valuation is crazy, 21 times forward earnings. you go back to the last quarter, operating margins, much better than expected. i know valuations are stretched. wig short interest here. still goes higher. >> is that connected to valentine's day week? >> no. nothing to do with it. >> not taking your wife to dunkin' donuts? >> just making sure mel knows, i'm waiting for my gift on thursday and that's putting it out there. >> wow. >> keep on a-waiting. pete? >> medical equipment. look at
CNBC
Feb 11, 2013 6:00am EST
digging out for you. hamden, connecticut, 40 inches. in portland, the biggest snow in city history, 32 inches of snow falling in portland, maine. we have a messy commute for you, more freezing snow, more rain rolling in. for new york, it will be all rain for you. put it on top of the foot of snow that you had, it's a crummy morning. light snow rolling in towards boston and freezing rain, temperatures at 26 degrees. 3 below in bangor. in the capital district about 32. in new york, temperatures close to 42 degrees this morning. a little bit more snow to go, mostly through northern new england, as much as half a foot. and in watertown. but now, in addition to that, the staff has gotten very, very active. yesterday evening, a tornado touching down in hattiesberg, mississippi. many people injured, hitting southern mississippi campus here. more storms firing up this morning, not ruling out tornados. more storms in pensacola, florida, including val ves ton and houston. low chance of tornado, but a high threat for flooding. guys, no matter how you slice it, north or south, some very unwelcome
CNBC
Feb 11, 2013 9:00am EST
of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> happy monday. welcome back to "squawk on the street." we'll begin with tech. jim short sounding the alarm of the apple bulls who screamed buy before the stock went down. we'll find out how many analysts failed to see that. >>> pope benedict will resign at the end of the month citing health concerns. what does it mean for the vatican and who could be next. >>> google shares down after hitting an all-time high last week, surging over 10% since the beginning of the year. are the charts pointing to more of a pullback ahead. >>> first, a lot of news out on tech this morning. certainly over the weekend we found google executive chairman eric schmidt is selling roughly 42% of his stake in google, in a move that could net him more than $2.5 billion. jon fortt has more from san jose. he joins us live. is it a surprise that schmidt should be such a heavy seller now? >> maybe a little bit of a surprise. not as big as the pope saying he's on his way out. but schmidt owns about 7.6 million sh
Search Results 0 to 6 of about 7